PUBLISHER: The Insight Partners | PRODUCT CODE: 1666305
PUBLISHER: The Insight Partners | PRODUCT CODE: 1666305
The Middle East & Africa vaccine adjuvants market was valued at US$ 78.94 million in 2022 and is expected to reach US$ 187.15 million by 2030; it is estimated to register a CAGR of 11.4% from 2022 to 2030 .
Technological Advancements Bolster Middle East & Africa Vaccine Adjuvants Market
Currently, aluminum salt or gel-based adjuvants are used predominantly in licensed vaccines. Monophosphoryl lipid A (MPL) adjuvant and hydrophobic copolymers are examples of these components. Hydrophobic microspheres pose challenges during vaccine production. The problems include many environmental waste disposal and contamination issues and are time-consuming, costly, and inefficient. Therefore, manufacturers are emphasizing developing novel technologies to avoid using organic solvents. For example, Aphios' Vaccine Adjuvant Technology encompasses nanotechnology, and its production includes supercritical, critical, or near-critical fluids with or without polar cosolvents such as ethanol [referred to as superfluids (SFS)]. Biodegradable biopolymers are dissolved in SFS and mixed with subunit vaccines in an aqueous solution or as a slurry of nanoparticles. Therefore, such new vaccine adjuvant technologies are being developed for making biodegradable polymer nanospheres (PNS) through novel processes, which allows vaccine manufacturers to rule out the use of organic solvents. Thus, technological advancements will likely bring new trends in the vaccine adjuvants market in the coming years.
Middle East & Africa Vaccine Adjuvants Market Overview
The Middle East & Africa vaccine adjuvant market has been segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa . An increase in product approvals is a major driver for the positive growth of the vaccine adjuvants market in Saudi Arabia. The product approvals by the SAFDA will enhance the adoption of adjuvanted vaccines and accelerate their adoption in the coming years in Saudi Arabia, propelling the market growth from 2020 to 2030.
Middle East & Africa Vaccine Adjuvants Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Vaccine Adjuvants Market Segmentation
The Middle East & Africa vaccine adjuvants market is categorized into adjuvant class, type, and country.
Based on adjuvant class, the Middle East & Africa vaccine adjuvants market is segmented into mineral salt adjuvant, emulsion adjuvant, liposome adjuvant, and others. The mineral salt adjuvant segment held the largest share of the Middle East & Africa vaccine adjuvants market share in 2022.
By type, the Middle East & Africa vaccine adjuvants market is bifurcated into human vaccine adjuvant and veterinary vaccine adjuvant. The human vaccine adjuvant segment held a larger share of Middle East & Africa vaccine adjuvants market in 2022.
By country, the Middle East & Africa vaccine adjuvants market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa vaccine adjuvants market share in 2022.
Croda International Plc; CSL Ltd; GSK Plc; Novavax Inc; and Phibro Animal Health Corp are some of the leading companies operating in the Middle East & Africa vaccine adjuvants market.